Philadelphia Fed Manufacturing Index in the US and Retail Sales in the UK and are the major market-movers. Let see what awaits us today. In the US, Philadelphia Fed Manufacturing Index, based on a survey of manufacturers regarding trends in their business activities and growth a major indicator of business condition, rise of 1.5 points is expected now. Later in the US, Existing Home Sales, a major annualized indicator of the economy’s strength. A reduction of 1.7% is likely to occur and 2% is forecasted now. More in the US, Initial Unemployment Claims, a weekly report measuring the number of Americans filing new Unemployment Claims indicating the overall job market condition, 420 K is forecasted, while the Counting Unemployment Claims is expected to be 3.723 million. For more on USD/CAD, read the Canadian dollar forecast. In Europe, Jean-Claude Trichet, President of the European Central Bank is due to deliver a speech. For more on the Euro, read the EUR/USD forecast. In Great Britain, Retail Sales, report major indicator of consumer spending, 1.1% is expected on the monthly report and 2.5% on the yearly. Read more about the Pound in the GBP/USD forecast. In Switzerland, ZEW Survey – Expectations, (Zentrum für Europäische Wirtschaftsforschung), survey to measure business situations, work conditions and other essentials affecting the business development in Switzerland. 8.8 points are forecasted now. For more on the Aussie, read the AUD/USD forecast. In New Zealand, Visitor Arrivals, yearly tourism indicator that measures the number of people arriving to New Zealand. -11.4% is expected now. In Japan, Industrial Production, Measures changes of output in mining, manufacturing, construction and energy sectors in Japan a strong indicator of industrial conditions. 1.8% is expected on the monthly level and 2.6% on the yearly. More in Japan, Capacity Utilization Rate or operating rate exemplifying a percentage out of the 100% of potential output if the rate of production nears full capacity inflation rises. 2.9% is expected now. That’s it for today. Happy forex trading! Anat Dror Anat Dror Anat Dror Senior Writer I conceptualize, design and create multi-lingual websites. Apart from the technical work, my projects usually consist of writing content for these sites in English, French and Hebrew. In the past, I have built, managed and marketed an e-learning center for language studies, including moderating a live community of students. I've also worked as a community organizer Anat's Google Profile View All Post By Anat Dror Daily Look share Read Next The troubled pound FxPro - Forex Broker 12 years Philadelphia Fed Manufacturing Index in the US and Retail Sales in the UK and are the major market-movers. Let see what awaits us today. In the US, Philadelphia Fed Manufacturing Index, based on a survey of manufacturers regarding trends in their business activities and growth a major indicator of business condition, rise of 1.5 points is expected now. Later in the US, Existing Home Sales, a major annualized indicator of the economy's strength. A reduction of 1.7% is likely to occur and 2% is forecasted now. More in the US, Initial Unemployment Claims, a weekly report measuring the number… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
